Session 01 02
- 1. Name of InstitutionAmity International Business SchoolAmity International Business School Leveraging Information Technology for GlobalLeveraging Information Technology for Global BusinessBusiness MBA IB Semester –IV IMBA Semester VIII
- 2. Name of Institution Module I: InformationModule I: Information Technology in ManagementTechnology in Management Session I:Fundamentals of Information Technology in management 2
- 3. Name of Institution OBJECTIVES • Fundamentals of Management, Information, Information Management • Information Technology in Management • Explain why information systems are so important today for business and management • Evaluate the role of information systems in today’s competitive business environment • Case study : • Assessment & Evaluation
- 5. Name of Institution Information • What is Information? Input Process Output Data Information 5
- 6. Name of Institution Information Management • What is Information Management? • Why Information Management • Decision Making using Information Management. 6
- 8. Name of Institution Information Technology • What is Information Technology? • Information Technology in Management :Information Systems 8
- 9. Name of Institution Case Study: IT in Personal Information Management • Google – Alerts – Reader – Finance 9
- 10. Name of Institution Assignment • Choose one Industry Make a you tube video on topic “ Use of Information Technology in Managing the Industry” • Content – Past /Present /Future – Your picture – No views/ Likes 10
- 11. Name of Institution Sample Assignment • Type LITGB in www.youtube.com 11
- 12. Name of Institution LITGBLITGB The Emerging Digital FirmThe Emerging Digital Firm Figure 1-4 WHY INFORMATION SYSTEMS?
- 13. Name of Institution PERSPECTIVES ON INFORMATION SYSTEMS LITGBLITGB What Is an Information System? Technology perspective:Technology perspective: A set of interrelated components that collect (or retrieve), process, store, and distribute information to support decision making and control in an organization
- 14. Name of Institution PERSPECTIVES ON INFORMATION SYSTEMS LITGBLITGB What is an Information System? (Continued) • Data: Streams of raw facts representing events such as business transactions • Information: Clusters of facts meaningful and useful to human beings in the processes such as making decisions
- 15. Name of Institution PERSPECTIVES ON INFORMATION SYSTEMS LITGBLITGB Data and Information Figure 1-5
- 16. Name of Institution PERSPECTIVES ON INFORMATION SYSTEMS LITGBLITGB Functions of an Information System Figure 1-6
- 17. Name of Institution LITGBLITGB • Rely on computer hardware and softwareRely on computer hardware and software • Processing and disseminating informationProcessing and disseminating information • Fixed definitions of data and proceduresFixed definitions of data and procedures • Collecting, storing, and using informationCollecting, storing, and using information PERSPECTIVES ON INFORMATION SYSTEMS Computer-Based Information System (CBIS)
- 18. Name of Institution LITGBLITGB • Information systems are an organizational and management solutionInformation systems are an organizational and management solution to business challenges that arise from the business environment.to business challenges that arise from the business environment. PERSPECTIVES ON INFORMATION SYSTEMS Information systems are more than just technology. Businesses invest in IS in order to create value and increase profitability. A Business Perspective on Information Systems
- 19. Name of Institution LITGBLITGB • Based on information technology but also require significantBased on information technology but also require significant investment in organizational and management changes andinvestment in organizational and management changes and innovationsinnovations • IS create value primarily by changing business processes andIS create value primarily by changing business processes and management decision making.management decision making. PERSPECTIVES ON INFORMATION SYSTEMS A Business Perspective on Information Systems (Continued)
- 20. Name of Institution PERSPECTIVES ON INFORMATION SYSTEMS LITGBLITGB The Business Information Value Chain Figure 1-7
- 21. Name of Institution PERSPECTIVES ON INFORMATION SYSTEMS LITGBLITGB Information Systems Are More than Computers Figure 1-8
- 22. Name of Institution LITGBLITGB • Information systems literacy:Information systems literacy: Broad-based understanding ofBroad-based understanding of information systems that includes behavioral knowledge aboutinformation systems that includes behavioral knowledge about organizations, management and individuals using informationorganizations, management and individuals using information systems as well as technical knowledge about computerssystems as well as technical knowledge about computers • Computer literacy:Computer literacy: Knowledge about information technology,Knowledge about information technology, focusing on understanding how computer technologies workfocusing on understanding how computer technologies work PERSPECTIVES ON INFORMATION SYSTEMS
- 23. Name of Institution LITGBLITGB • Sales and marketingSales and marketing • ManufacturingManufacturing • FinanceFinance • AccountingAccounting • Human resourcesHuman resources PERSPECTIVES ON INFORMATION SYSTEMS Major Business Functions Rely on Information Systems
- 24. Name of Institution LITGBLITGB Three Important Dimensions of Information Systems • Organizations • Managers • Technology PERSPECTIVES ON INFORMATION SYSTEMS You will need to understand and balance these dimensions of information systems in order to create business value. Dimensions of Information Systems
- 25. Name of Institution LITGBLITGB • People • Structure • Business processes • Culture • Politics PERSPECTIVES ON INFORMATION SYSTEMS The Organizational Dimension of Information Systems
- 26. Name of Institution LITGBLITGB Managers are: • Sense makersSense makers • Decision makersDecision makers • PlannersPlanners • Innovators of new processesInnovators of new processes • Leaders: set agendasLeaders: set agendas PERSPECTIVES ON INFORMATION SYSTEMS The Management Dimension of Information Systems
- 27. Name of Institution LITGBLITGB PERSPECTIVES ON INFORMATION SYSTEMS The Management Dimension of Information Systems (Continued) Managers who can understand the role of information systems inManagers who can understand the role of information systems in creating business value are the key ingredient to success withcreating business value are the key ingredient to success with systems, and cannot easily be replicated by your competitors.systems, and cannot easily be replicated by your competitors.
- 28. Name of Institution LITGBLITGB • Hardware:Hardware: Physical equipmentPhysical equipment • Software:Software: Detailed preprogrammed instructionsDetailed preprogrammed instructions • Storage:Storage: Physical media for storing data and the softwarePhysical media for storing data and the software PERSPECTIVES ON INFORMATION SYSTEMS Information technology is one of the tools managers use to cope withInformation technology is one of the tools managers use to cope with change:change: The Technology Dimension of Information Systems
- 29. Name of Institution LITGBLITGB • Communications technology:Communications technology: Transfers data from one physicalTransfers data from one physical location to anotherlocation to another • Networks:Networks: Links computers to share data or resourcesLinks computers to share data or resources PERSPECTIVES ON INFORMATION SYSTEMS The Technology Dimension of Information Systems (Continued) Managers need to know enough about information technology to makeManagers need to know enough about information technology to make intelligent decisions about how to use it for creating business value.intelligent decisions about how to use it for creating business value.
Editor's Notes
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- #3: Keywords :Management, Information, Information Management, Information technology, Information systems, Management Information Systems Amity Business School
- #4: Amity Business School
- #5: Management in all business and organizational activities are the acts of getting people together to accomplish desired goals and objectives efficiently and effectively. Management comprises planning , organizing , staffing , leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. SCOLD P Amity Business School
- #6: Information , in its most restricted technical sense, is an ordered sequence of symbols . As a concept , however, information has many meanings. [1] Moreover, the concept of information is closely related to notions of constraint , communication , control , data , form , instruction , knowledge , meaning , mental stimulus , pattern, perception, and representation. Amity Business School
- #7: Information, as we know it today, includes both electronic and physical information. The organizational structure must be capable of managing this information throughout the information lifecycle regardless of source or format (data, paper documents, electronic documents, audio, video, etc.) for delivery through multiple channels that may include cell phones and web interfaces. Information management ( IM ) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes involves those who have a stake in, or a right to that information. Management means the organization of and control over the structure, processing and delivery of information. The crucial factor in the information and decision process analysis is thus individuals’ limited ability to process information and to make decisions under these limitations. Amity Business School
- #8: According to Wikipedia, Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes involves those who have a stake in, or a right to that information. Management means the organization of and control over the structure, processing and delivery of information. Information, as we know it today, includes both electronic and physical information. The organizational structure must be capable of managing this information throughout the information lifecycle regardless of source or format (data, paper documents, electronic documents, audio, video, etc.) for delivery through multiple channels that may include cell phones and web interfaces. Given these criteria, we can then say that the focus of IM is the ability of organizations to capture, manage, preserve, store and deliver the right information to the right people at the right time. Information management environments are comprised of legacy information resident in line of business applications, Enterprise Content Management (ECM), Electronic Records Management (ERM), Business Process Management (BPM), Email Management (EMM), Information Organization and Access (IOA), Knowledge Management (KM), Web Content Management (WCM), Document Management (DM) and Enterprise 2.0 (E2.0) technology solutions and best practices. Information management requires the adoption and adherence to guiding principles that include: Information assets are corporate assets. This principle should be acknowledged or agreed upon across the organization otherwise any business case and support for IM will be weak. Information must be made available and shared. Of course not all information is open to anyone, but in principle the sharing of information helps the use and exploitation of corporate knowledge Information the organisation needs to keep is managed and retained corporately. In other words the retention and archiving, of information. If you save a document today, you expect it to be secured and still available to you tomorrow Information management is a corporate responsibility that needs to be addressed and followed from the upper most senior levels of management to the front line worker. Organizations must be held and must hold its employees accountable to capture manage, store, preserve and deliver information appropriately and responsibly. Part of that responsibility lies in training the organization to become familiar with the policies, processes, technologies and best practices in IM. Source http://www.aiim.org/What-is-Information-Management Amity Business School
- #9: Information technology is concerned with improvements in a variety of human and organizational problem-solving endeavors through the design, development, and use of technologically based systems and processes that enhance the efficiency and effectiveness of information in a variety of strategic, tactical, and operational situations. Information Technology – A Definition: We use the term information technology or IT to refer to an entire industry. In actuality, information technology is the use of computers and software to manage information. In some companies, this is referred to as Management Information Services (or MIS) or simply as Information Services (or IS). The information technology department of a large company would be responsible for storing information, protecting information, processing the information, transmitting the information as necessary, and later retrieving information as necessary. Ideally, this is accomplished through critical attention to the information needs of humans in problem-solving tasks and in the provision of technological aids, including electronic communication and computer-based systems of hardware and software and associated processes. Information technology complements and enhances traditional engineering through emphasis on the information basis for engineering. Information technology (IT) is "the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications". [1] The term in its modern sense first appeared in a 1958 article published in the Harvard Business Review , in which authors Leavitt and Whisler commented that "the new technology does not yet have a single established name. We shall call it information technology. Amity Business School
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